PRNHX vs. SCHD
Compare and contrast key facts about T. Rowe Price New Horizons Fund (PRNHX) and Schwab US Dividend Equity ETF (SCHD).
PRNHX is managed by T. Rowe Price. It was launched on Jun 3, 1960. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRNHX or SCHD.
Performance
PRNHX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, PRNHX achieves a 10.57% return, which is significantly lower than SCHD's 17.35% return. Both investments have delivered pretty close results over the past 10 years, with PRNHX having a 12.10% annualized return and SCHD not far behind at 11.54%.
PRNHX
10.57%
6.90%
12.57%
23.48%
8.47%
12.10%
SCHD
17.35%
2.29%
13.68%
26.18%
12.87%
11.54%
Key characteristics
| PRNHX | SCHD | |
|---|---|---|
| Sharpe Ratio | 1.41 | 2.40 |
| Sortino Ratio | 1.99 | 3.44 |
| Omega Ratio | 1.25 | 1.42 |
| Calmar Ratio | 0.62 | 3.63 |
| Martin Ratio | 4.53 | 12.99 |
| Ulcer Index | 5.30% | 2.05% |
| Daily Std Dev | 17.04% | 11.09% |
| Max Drawdown | -55.79% | -33.37% |
| Current Drawdown | -24.19% | -0.62% |
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PRNHX vs. SCHD - Expense Ratio Comparison
PRNHX has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between PRNHX and SCHD is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PRNHX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Horizons Fund (PRNHX) and Schwab US Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PRNHX vs. SCHD - Dividend Comparison
PRNHX has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRNHX T. Rowe Price New Horizons Fund | 0.00% | 0.00% | 4.72% | 17.09% | 13.58% | 11.73% | 13.94% | 8.27% | 5.77% | 7.72% | 11.65% | 6.61% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
PRNHX vs. SCHD - Drawdown Comparison
The maximum PRNHX drawdown since its inception was -55.79%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for PRNHX and SCHD. For additional features, visit the drawdowns tool.
Volatility
PRNHX vs. SCHD - Volatility Comparison
T. Rowe Price New Horizons Fund (PRNHX) has a higher volatility of 6.27% compared to Schwab US Dividend Equity ETF (SCHD) at 3.48%. This indicates that PRNHX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.